Search For "household spending"
India revises CPI base to 2024, food share in household spending declines,
Updated : 2 months, 2 weeks ago IST
India has revised the base year of the Consumer Price Index (CPI) to 2024 from 2012 to reflect changes in consumption patterns, improved data sources and updated methodologies, Secretary, Ministry of Statistics and Programme Implementation (MOSPI), Saurabh Garg, said today.
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East and South Asia stay resilient despite global uncertainty; India to gr
Updated : 4 months, 3 weeks ago IST
In India, growth is projected to moderate from an estimated 7.4 per cent in 2025 to 6.6 per cent in 2026. Resilient household spending, strong public investment, and lower interest rates are expected to underpin economic activity.
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Consumption likely to lead India's growth in 2026 as capex remains subdued
Updated : 4 months, 4 weeks ago IST
Consumption in India's domestic economy is expected to continue outpacing capital expenditure (capex) in 2026, supported by a fiscal policy pivot towards consumption and a revival in credit, even as corporate investment sentiment remains cautious, according to a report by Nuvama.
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Pakistan's cost-of-living crisis forces families to spend two-thirds on su
Updated : 5 months ago IST
Pakistan's latest household survey shows families now spend nearly two-thirds of their income on food and utilities due to high inflation. Spending on education and health has sharply declined, while reliance on remittances has increased, highlighting rising inequality and shrinking purchasi
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India emerging as most optimistic consumer market for 2026; 60% households
Updated : 5 months ago IST
India is emerging as the most optimistic consumer market heading into 2026, with a strong rise in household spending intent and confidence levels significantly higher than global peers, according to a report by Nuvama.
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60% Indians expect higher household spending; GenAI reshapes how consumers
Updated : 5 months, 2 weeks ago IST
India is witnessing a sharp acceleration in the adoption of generative artificial intelligence, with consumers integrating the technology deeply into both daily life and purchasing decisions. According to BCG's Global Consumer Radar Report, 62 per cent of Indian consumers already use GenAI t
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Post-festive demand remains strong in country as consumption outlook stays
Updated : 6 months, 1 week ago IST
The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
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Household spending in India shifts towards asset-building, Motor vehicles
Updated : 6 months, 1 week ago IST
Household spending patterns in India are witnessing a major shift from basic necessities towards asset-building expenditure, highlighted a survey report by the Economic Advisory Council to the Prime Minister (EAC-PM).
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India's Consumption Boom and the Urgent Need to Rebuild Household Savings:
Updated : 6 months, 2 weeks ago IST
New Delhi [India], November 14: India stands at a defining economic moment. As the country advances toward becoming one of the world's largest consumption-driven economies, the patterns of household spending, saving, and investing are undergoing a major structural shift. Rising incomes, rapi
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Japan FY 2024 household spending down for 2nd year amid rising prices
Updated : 1 year ago IST
Japan's household spending in fiscal 2024 dropped a real 0.1 percent from a year earlier, falling for the second consecutive year, as consumers reduced food expenditure amid rising prices, government data showed recently.
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Transformative reforms will strengthen India's journey towards Viksit Bhar
Updated : 1 year, 4 months ago IST
Hemant Jain, President, PHDCCI, said, "The focus on Middle class and MSMEs will enhance consumption and production segments, boost private investments and create employment opportunities. The focus areas of the Budget include accelerating growth, securing inclusive development, invigorating
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Household spending on food has dropped, increase in non-food items' expend
Updated : 1 year, 11 months ago IST
Household Consumption Expenditure Survey released by NSSO indicates a significant change in spending patterns by consumers. While spending in rural areas increased by 164 per cent and in urban areas by 146 per cent since 2011-12 at current prices.
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